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Nintendo is dropping the prices of the DSi to $99.99 (from $150) and the DSi XL to $129.99

The Nintendo DSi and DSi XL will finally be cheaper than the Nintendo 3DS. Nintendo is set drop the price of this of the DSi to $99.99 (from $150) and the DSi XL to $129.99 (from $170), starting May 20.

Nintendo DSi and Nintendo DSi XL handheld gaming system is both preloaded with excting software like Flipnote Studio, Nintendo DSi Camera and Nintendo DSi Sound. It also features pre-installed games and applications like Brain Age Express: Arts & Letters, Brain Age Express: Math and Photo Clock. DS owners are bound to enjoy more than 2,000 variety of downloadable games like your favoririte classic Mario Bros. Games.

Nintendo 3Ds is set to introduce a new color on the same day the DSi and DSi XL goes cheaper.

Sony just announced that its PlayStation 3 models will receive a $50 price cut in all territories.

Sony ended its Gamescom 2011 presentation with the surprising announcement that the PlayStation 3 console device just had its price cut in all territories. The 160GB model is now available for only $250 in the United States, €249.99 in Europe and ¥24,980 in Japan. This new price point is already effective in all countries except for Japan, where the price drop will start on August 18.

Aside from the 160GB model, the PS3’s 320GB system will also get a price cut. The console is now being retailed for $300 in the US, €300 in European countries, and 29,980 yen in Japan. “In addition, a limited edition inFAMOUS 2 bundle is now available at participating retailers across North America,” SCEA’s CEO, Jack Tretton, wrote on a blog. “The bundle retails for $299 and includes a 320 GB PlayStation 3, a copy of inFAMOUS 2 and a 30-day membership to PlayStation Plus.”

Saturo Iwata, the CEO of Nintendo, released a letter of apology which addresses the early buyers of Nintendo 3DS.

Satoru Iwata, Nintendo’s CEO, sends the early buyers of Nintedo 3DS his letter of apology. This is due to the company’s plan to cut down the said handheld’s price. Satoru Iwata stated that Nintendo is all too keenly aware that the price reduction, which was announced six months ago after the said handheld was released, might have left early buyers feeling betrayed and critical of the decision.

He said that the price drop of the Nintendo 3DSwas an important move to increase the confidence of retailers and content creators. The said cutting down of price was made to help the 3DS gain popularity, acquire more software, and create the product cycle necessary for everyone to be satisfied with the system.

Nintendo 3DS ships in the market with $249 price tag, and it will drop down to $169 before next week ends. Meanwhile, Nintendo has not yet announced any refund program for early buyers of 3DS console. However, the company will enable the 830,000 customers – who paid full price – to download 20 free games after they sign-up for the Ambassador Program. The said promotion will also offer its participants to grab ten NES Virtual console games at no charge before the titles are released to the public.

The Nintendo Wii now comes cheaper, as the game console’s price drops from $199.99 to $149.99 on May 15.

Information on Wii’s price drop leaked online last month, with retailers like Best Buy, Toys R Us and Amazon already lowering the price to $169.99 two weeks ago. Wii has already sold more than 35 million in the U.S. alone, since it was launched in 2006. In 2010, however, the game console’s sales declined with the Xbox 360 coming into the market with its Kinect camera add-on.

Aside from the price drop, Nintendo has also come up with a new Wii bundle. The Wii system will be available with the Mario Kart Wii game, a Wii Wheel accessory, as well as the standard Wii Remote Plus and Nunchuk controller. The new bundles are offered in both black and white. With that bargain, more people are now expected to join the Wii bandwagon.

Meanwhile, Nintendo has already announced that there is more coming for Wii, as the market should expect its successor to be introduced in 2012. It’s about time, don’t you think?